Operating Sonic Building — Lease in Richardson, TX
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Richardson, TX 75081
Description
1,315 SF Freestanding Restaurant (Currently Operating as Sonic) Built in 1997 Drive-Thru in Place
Market Context
This retail in Richardson, TX is listed for lease. It has been on the market for 196 days. Compare it against other retail listings for lease in Richardson, TX — view the full market.
As of Q4 2025, the Dallas / Fort Worth retail market showed a 5.0% vacancy rate, average asking rents near $15.71/SF/yr, rents up 4.9% year over year, and cap rates around 6.8%. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Retail market FAQ
- What is the typical cap rate for retail in Dallas / Fort Worth?
- About 6.8% as of Q4 2025, per multiple brokerage reports.
- Is the Dallas / Fort Worth retail market tightening or softening?
- Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).
Contact
- Andrew Lehner · 214 252 1174 · andrew.lehner@cbre.com
- Greg Pierce · greg.pierce@cbre.com
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